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China purchases $ 1.22 billion worth of metals and minerals from Iran

Near East / Asia

The total trade turnover between Iran and the PRC for the nine months of this Iranian year exceeded $ 13.4 billion.

China purchases $ 1.22 billion worth of metals and minerals from Iran

Iran exported more than $ 1.22 billion worth of steel and other metals and mineral products from China in the nine months of the current Iranian year (March 21, 2020 - December 21, 2020).

According to figures released by the Islamic Republic of Iran Customs Administration (IRICA), Iranian exports of iron, iron and steel to China reached $ 773 million in nine months.

The share of these goods in the country's total exports to China amounted to 15%.

Data analyzed by the Tehran Chamber of Commerce, Industry, Mining and Agriculture show that exports of copper and copper products reached $ 372 million in nine calendar months, accounting for 7% of Iran's total exports to China.

Trade turnover between Tehran and Beijing during this period exceeded $ 13.4 billion, which is 15% less than in the same period last year. However, during this period, China remained Iran's main trading partner.

In the nine months ended December 20, Iran's total non-oil foreign trade was 110 million tonnes, worth $ 52 billion.

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